The spree continues this holiday season as people spend on lavish vacations, home renovations, and other lifestyle enhancements (including weight loss).
I myself am returning from one of those incredible family vacations that was put off because of COVID-19. Wow, what a bill! But oh what fun, and now it’s time for Christmas!
This all feels surreal given our current global conditions. This is important to me. I’ll explain in a later post.
So where are we now? In a Tech sector boom, again.
Here are the levels I’ll watch into next year for the Technology Select Sector SPDR Fund (NYSEArca: XLK) based on the weekly chart below.
Think and Win!
Celeste Lindman
Celeste Lindman Trading
Two years ago, I discovered a little-known Wall street phenomenon hidden in what seems to be “random” lines of numbers…
And thanks to that discovery, I now target at least one high-probability trade setup every Monday afternoon…
And by the end of the week, we have the chance to rake in double-digit gains with some of my best plays — in fact, we’ve won six straight trades and 10 of our last 13!
Don’t get me wrong… there are weeks where trades don’t pan out as expected.
But just the idea that you could have profited from an undeniable weekly pattern of certain tanking stocks every monday…
While most people would get freaked out when they see a stock drop like crazy…
It’s Actually Worth Keeping a Close Eye On!
Past performance is not indicative to future returns. There is always a risk of loss and you may lose money trading this strategy. From 11/28/22 to 10/31/23 on closed trade signals, the average win rate is 79.55%, and the average return per position (including all winners and losers) is 9.26%, and a 38.53% average winner with an average hold time of 10.3 days on the options.